Central Valley Community Foundation (CVCF) offers a diverse range of Special Interest Funds. The African-American Education Fund (AAEF) is the newest one to join that list. AAEF was established with the goal to advance educational aspirations of African-Americans in the Central Valley, with a focus on higher education and workforce development that will lead to gainful employment in the global economy.
- 12 Percent of the US Population
- 13 percent of US high school graduates (9,460 of the total 70,376)
But Numbers drop by almost 50 percent for College Graduates
- 7 percent of college graduates (3,291 out of 41,743 Bachelors’ Degrees attained)
- 3 percent for Post-Undergraduate Degrees
*Source 2010 Census http://www.census.gov/
Advancing the educational aspirations of African-Americans in the Central Valley
The Launch of the Fund
The chairman of the Fresno United Negro College Fund, Robert Mitchell, MD, along with local board members Richard Keyes and Eric Payne, approached CVCF Board Member Allysunn Walker-Williams to create the African-American Education Fund at CVCF.
$25,000 Matched by CVCF’s Board of Directors
Over 60 local donors gave generously to make the first $25,000 possible. Then the Board’s Fund for the Common Good matched the first $25,000 launching this new fund with $50,000. This new fund has generated so much momentum that it will award job training and educational grants and also seed a permanent endowment to support African-American educational efforts in the San Joaquin Valley.